Polaris Stock Hits New 52-Week High (PII)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Polaris Industries (NYSE: PII) hit a new 52-week high Wednesday as it is currently trading at $97.44, above its previous 52-week high of $97.28 with 111,826 shares traded as of 10:55 a.m. ET. Average volume has been 818,100 shares over the past 30 days.

Polaris has a market cap of $6.56 billion and is part of the consumer goods sector and automotive industry. Shares are up 15% year to date as of the close of trading on Tuesday.

Polaris Industries Inc., together with its subsidiaries, engages in designing, engineering, manufacturing, and marketing off-road vehicles, snowmobiles, and on-road vehicles primarily in the United States, Canada, and internationally. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Polaris as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Polaris Ratings Report.

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